I can't even begin to tell you how much this fries my bacon. Words fail me. I think I'll drive a truck for a living, at least that's one industry that will stay in America. http://www-03.ibm.com/press/us/en/pressrelease/19769.wss
I don't see the problem.1) It _IS_ "INTERNATIONAL Business Machines". Do you know how long it's been that way? 2) When IBM opened Hursley (or dozens of other large sites around the world), who complained?
3) China/India = 40% of the world. U.S.A. = 5%. Where is future growth?4) Who wants an IBM that instead takes the opposite course and starts getting steadily weaker? 5) Who knows if IBM makes more money from the U.S.A. or the rest of the world? (I can give a hint if anybody needs one.)
Thoughts to ponder...IBM sold their PC business to China -- Lenovo. Interestingly, they simultaneously acquired a good sized chunk of Lenovo stock _and_ managed to set things up so that the new company's headquarters are in New York, not coincidentally in reasonably close proximity to Armonk. There was speculation that the price was too low, BUT...
IBM now has a serious foothold towards obtaining a solid corporate presence in China. That's no trivial feat even for a company the size of IBM.
Further, the sale of the PC business pretty much severed a not unimportant contractual obligation between IBM and Intel. With that contract now pawned off to "Lenovo", IBM has far more freedom to do some very interesting future development of PowerPC processors as well as has considerable freedom on how it may package those processors in products. (I expect some major advances in coming years.)
Since PowerPC is extremely important for the long-term future of System i programmers, I think we should consider the possibility that IBM has a decent idea of what steps it should take to ensure good times ahead.
China/India is a _huge_ market opportunity. If any of us have large retirement stock holdings in companies that are _not_ going after that market, I suggest converting the stock towards a company that is. Might as well start dividends flowing back into the U.S.A. and help reverse the trend that's been going the other way far too long.
At least, that's what any good capitalist would do. Are there any other supporters of capitalism on this list?
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